First ‘Negative Fee’ ETF Gains SEC Approval
This article was originally published on ETFTrends.com.
Pushing the exchange traded fund fee war to a new stage, the Securities and Exchange Commission gave the green light for an ETF that pays investors to use it. After pending regulatory review, the Salt Low truBeta US Market ETF (CBOE: LSLT) has become the first negative fee ETF where investors earn $5 for every [...]